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The Wealth of Nations (Part 1 of 2) (Library Edition)
By Blackstone Audio, Inc.
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ean: 9780786100835, isbn: 0786100834,
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[This is Part 1 of a 2-part Audiobook CASSETTE Library Edition in vinyl case.] First published in 1776, this work is the classic statement of economic liberalism or the policy of laissez-faire. Several fundamental principles or ''axioms'' were introduced in this work, including the division of labor, supply-and-demand, and free market capitalism as some of the most obvious. Smith's political economy is primarily individualistic: self-interest is the incentive for economic action. However, he
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